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The Ports of Liberia: Economic Significance and Development Problems

  • Willi Schulze

Abstract

The rapid economic development of Liberia since 1945 has been closely connected with the development of modern ocean terminals. When in 1934 the rich magnetite deposit of the Bomi Hills (Fig. 6.1) was discovered by the Dutch geologist Terpstra, the syndicate of the William H. Mueller Company could not make use of its concession because of the absence of suitable port facilities. In 1938 geologists from the United States Steel Company investigated the ore body and made an unfavourable report in which ‘the difficulty of shipping such a material as iron ore by surfboat operation’ was emphasised, with the result that the company lost interest.1 It was only in 1946, when the construction of the free port of Monrovia was well advanced, that the Liberia Mining Company was established by the American businessman and engineer Landsdell K. Christie. With the completion of the port in 1948 and the first shipment of iron ore from the Bomi Hills in 1951, a new chapter in the economic history of Liberia began, during which the country has become not only the main producer of the mineral in Africa but also one of the principal suppliers of the world market. Without her modern ports Liberia could not have reached her present level of economic development.

Keywords

Development Problem Economic Significance Port Development General Cargo Total Tonnage 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 1.
    R. E. Anderson, Liberia, America’s African Friend (Chapel Hill, N.C., 1952) p. 181.Google Scholar
  2. 1.
    Some figures are marked as estimates or are based on fiscal years. Regional data are not easily available in Liberia and sources often give varying figures, as is also noted by other authors, e.g. W. A. Hance in African Economic Development, 2nd ed. (New York, 1967) p. 61.Google Scholar
  3. 1.
    R. G. Albion, Seaports South of Sahara (New York, 1959) p. 232.Google Scholar
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    W. R. Stanley, Final Report on Selected Economic and Social Benefits to be Derived from the Construction of Nine Separate Lengths of Rural Access Road in Liberia (Washington, D.C., 1967) p. 20.Google Scholar
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    Republic of Liberia, Office of National Planning, Using the LAMCO Railway for Timber Exports (Monrovia, 1965) p. 2 (mimeographed).Google Scholar
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    Republic of Liberia, Department of Planning and Economic Affairs, Annual Report, 1966–1967 (Monrovia, 1967) p. 71.Google Scholar
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    M. Sachtler and K. Hamer, Inventory of Krahn-Bassa and Sapo National Forest, Technical Report No. 7 of the German Forestry Mission to Liberia (Monrovia, 1967) pp. 2–3.Google Scholar
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    Inventory of Grebo National Forest, Technical Report No. 5 of the German Forestry Mission to Liberia (Monrovia, 1967) pp. 1–29.Google Scholar
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    Republic of Liberia, Department of Commerce and Industry, Annual Report, 1966–1967 (Monrovia, 1967) p. 70.Google Scholar
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    Development and Resources Corporation, The Development of South-east Liberia (New York, 1966) p. 116.Google Scholar
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    Brown Engineers, Transportation Survey of Liberia (New York, 1963) p. 227.Google Scholar
  12. 4.
    LAMCO News, nublished by LAMCO l.V., no. 6/7 (1967) 6.Google Scholar
  13. 1.
    Sir Harry Johnston, Liberia (London, 1906) 1Google Scholar
  14. 2.
    Liberian Development Corporation and Checci and Co. Contract Group, Production of Edible Oilc in Liberia (Monorovia, 1967) p. 12. Google Scholar
  15. 2.
    O. Goeransson, The Port of Buchanan, LAMCO Newsletter No. 7 (Stockholm, 1967) p. 11.Google Scholar
  16. 1.
    R. W. Clower, G. Dalton, M. Harwitz and A. A. Walters, Growth without Development (Evanston, Ill., 1966) p. 81.Google Scholar
  17. 2.
    R. U. McLaughlin, Foreign Investment and Development in Liberia (New York, 1966) p. 181.Google Scholar

Copyright information

© W. Schulze 1970

Authors and Affiliations

  • Willi Schulze
    • 1
  1. 1.Marburg UniversityGermany

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